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View Full Version : Spill spells more trouble for Florida real estate



the white rabbit
7th July 2010, 11:19 AM
Spill spells more trouble for Florida real estate Florida (Reuters) – Chris Reid was pumped. After suffering through a few years of tight credit and the U.S. housing meltdown, the Pensacola-based realtor was ready to sell some beach-front property. Summer was coming and that is the region's busiest season.

All that changed after the April 20 explosion on BP'S Deepwater Horizon drilling rig which killed 11 people and burst an oil well, currently spewing up to 60,000 barrels of crude into the Gulf each day.

Now Reid is hoping for the best as she faces a catastrophe that threatens not only her livelihood but her way of life.
http://news.yahoo.com/s/nm/us_oil_spill_realestate